Judge rules graft charges to stand against Malaysia's Najib

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Malaysia's former Prime Minister Najib Razak has failed in his bid to have seven corruption charges against him dismissed as his trial entered the third week Monday.

At the start of his trial April 3, Najib challenged the criminal breach of trust, abuse of power and money laundering charges against him on grounds they lacked clarity and impeded the preparation of his defence.

The trial is the first of several against Najib, who faces 42 graft charges in one of the country's biggest criminal proceedings. SRC is a former unit of the 1MDB state investment fund, which U.S. investigators say was pilfered of billions by Najib's associates. The scandal helped lead to Najib's electoral defeat last May.

His lawyers say Najib is the victim of conspiracy by rogue bankers including one identified by U.S. investigators as the mastermind behind the 1MDB fiasco. Prosecutors say Najib, who set up 1MDB in 2009, was the real power behind the fund and SRC.

 

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